Lucid stock price has recovered this month, moving from a low of $15 to $24, its highest point since August 5. Still, it remains about 28% below its highest point in 2024. This article explains why the LCID shares jumped and why it remains at risk of a crash. Why Lucid stock price jumped LucId
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Lucid stock price has recovered this month, moving from a low of $15 to $24, its highest point since August 5. Still, it remains about 28% below its highest point in 2024. This article explains why the LCID shares jumped and why it remains at risk of a crash. Why Lucid stock price jumped LucId
35US consumer sentiment weakened in September, underscoring households’ unease over persistent inflation and a softer labour market outlook. The University of Michigan’s final Consumer Sentiment Index fell to 55.1 from 58.2 in August, marking a 5.3% monthly decline and a 21.6% drop compared with a year earlier. The index was revised further down from the
US consumer sentiment weakened in September, underscoring households’ unease over persistent inflation and a softer labour market outlook. The University of Michigan’s final Consumer Sentiment Index fell to 55.1 from 58.2 in August, marking a 5.3% monthly decline and a 21.6% drop compared with a year earlier. The index was revised further down from the
52Most commodities were in bear territory on Thursday with gold slipping from its record highs touched earlier this week. Oil prices fell by more than 1% after concerns over oversupply gripped the market. Copper prices fell nearly 1% on Thursday as traders booked profits after the red-metal rose sharply in the previous session. Oil prices
Most commodities were in bear territory on Thursday with gold slipping from its record highs touched earlier this week. Oil prices fell by more than 1% after concerns over oversupply gripped the market. Copper prices fell nearly 1% on Thursday as traders booked profits after the red-metal rose sharply in the previous session. Oil prices
55Uniqure (NASDAQ: QURE) shares opened nearly 200% up on Wednesday – marking one of the most dramatic single-day moves in biotech this year. The surge follows a trifecta of bullish development: a breakthrough in Huntington’s disease, a $175 million capital infusion, and a reaffirmed “buy” rating from Stifel. These tailwinds made investors recalibrate the company’s
Uniqure (NASDAQ: QURE) shares opened nearly 200% up on Wednesday – marking one of the most dramatic single-day moves in biotech this year. The surge follows a trifecta of bullish development: a breakthrough in Huntington’s disease, a $175 million capital infusion, and a reaffirmed “buy” rating from Stifel. These tailwinds made investors recalibrate the company’s
44Better Home & Finance Holding Co (NASDAQ: BETR) soared over 30% on Tuesday after activist investor Eric Jackson revealed a long position in the digital-first homeownership platform. In his latest social media post, the founder of hedge fund EMJ Capital dubbed Better “the Shopify of mortgages,” adding the NY-headquartered firm could easily be a “350-bagger
Better Home & Finance Holding Co (NASDAQ: BETR) soared over 30% on Tuesday after activist investor Eric Jackson revealed a long position in the digital-first homeownership platform. In his latest social media post, the founder of hedge fund EMJ Capital dubbed Better “the Shopify of mortgages,” adding the NY-headquartered firm could easily be a “350-bagger
64Anywhere Real Estate shares surged more than 58% on Monday after Compass announced it would acquire the Madison, New Jersey-based company in an all-stock transaction. The deal, which values Anywhere at about $1.46 billion, will create a $10 billion residential real estate platform, according to the companies. Under the agreement, Anywhere shareholders will receive 1.436
Anywhere Real Estate shares surged more than 58% on Monday after Compass announced it would acquire the Madison, New Jersey-based company in an all-stock transaction. The deal, which values Anywhere at about $1.46 billion, will create a $10 billion residential real estate platform, according to the companies. Under the agreement, Anywhere shareholders will receive 1.436
52The Donald Trump-led US government is about to cash in big from the long saga over TikTok’s American future. An exclusive report by The Wall Street Journal reported on Saturday that the Treasury is expecting a multibillion-dollar fee as part of the ownership shakeup designed to address years of security fears. Oracle, the cloud giant,
The Donald Trump-led US government is about to cash in big from the long saga over TikTok’s American future. An exclusive report by The Wall Street Journal reported on Saturday that the Treasury is expecting a multibillion-dollar fee as part of the ownership shakeup designed to address years of security fears. Oracle, the cloud giant,
54In a high-profile announcement coinciding with President Donald Trump’s state visit to Britain, US investment giant Blackstone pledged a staggering £100 billion (approximately $135 billion) toward UK assets over the next decade. The commitment, which builds on a previously disclosed £10 billion earmarked for data center infrastructure, was hailed by the British government as a
In a high-profile announcement coinciding with President Donald Trump’s state visit to Britain, US investment giant Blackstone pledged a staggering £100 billion (approximately $135 billion) toward UK assets over the next decade. The commitment, which builds on a previously disclosed £10 billion earmarked for data center infrastructure, was hailed by the British government as a
55The iShares iBoxx $ High Yield Corporate Bond ETF (HYG) is doing relatively well this year, and is hovering at its all-time high as demand among investors jumped. HYG stock was trading at $81.23, up by 10% above the lowest level this year. HYG ETF has flipped SCHD in total returns Most notably, the HYG
The iShares iBoxx $ High Yield Corporate Bond ETF (HYG) is doing relatively well this year, and is hovering at its all-time high as demand among investors jumped. HYG stock was trading at $81.23, up by 10% above the lowest level this year. HYG ETF has flipped SCHD in total returns Most notably, the HYG
54India’s market regulator, Securities and Exchange Board of India (SEBI), has absolved the Adani Group and its billionaire founder Gautam Adani of certain allegations of financial impropriety linked to related-party transactions. The decision marks a partial reprieve for the conglomerate following intense scrutiny since early 2023, when US short seller Hindenburg Research published a report
India’s market regulator, Securities and Exchange Board of India (SEBI), has absolved the Adani Group and its billionaire founder Gautam Adani of certain allegations of financial impropriety linked to related-party transactions. The decision marks a partial reprieve for the conglomerate following intense scrutiny since early 2023, when US short seller Hindenburg Research published a report
